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0 -0.002616592273357 -0.00569493612436516 -0.00107742034785293 0.00197014006464518 -0.0149299676773896 -0.0241649992304141 -0.0205325534862245
Stock impact report

Axon reports Q1 2024 revenue of $461 million, up 34% year over year, raises outlook [Yahoo! Finance]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net income of $133 million supports non-GAAP net income of $89 million and Adjusted EBITDA of $109 million Raises full year revenue outlook to a range of $1.94 billion to $1.99 billion , up from $1.88 billion to $1.94 billion Fellow shareholders, Axon is pleased to report a strong start to 2024 with another quarter of impressive financial performance supporting an improved outlook for FY 2024, and continued long-term innovation that we expect will fuel our growth for years to come. First quarter revenue growth of 34% marks our 9th consecutive quarter of growth above 25%, and we delivered improved profitability with first quarter net income margin of 28.9% and Adjusted EBITDA margin of 23.6%. Axon Cloud & Services revenue of $176 million grew 52% year over year, more than doubling over the last two years. Our software revenue growth is driven by both adoption of new products from our existing customers and attracting new users to our ecosystem. Our net revenue retention remain Show less Read more
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